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Onex reports US415-million Q1 profit compared with loss a year ago

Onex reports US415-million Q1 profit compared with loss a year ago

TORONTO — Onex Corp. reported a net profit of US$415 million in its latest quarter compared with a net loss of US$997 million in the same quarter last year. The private equity investment firm, which keeps its books in U.S.

Hip-hop's Mally Mall gets prison in Vegas prostitution case

LAS VEGAS (AP) — Hip-hop music figure Jamal “Mally Mall” Rashid was sentenced Thursday in Las Vegas to 33 months in federal prison for owning and operating a prostitution business disguised as an escort enterprise, federal prosecutors and his defense
Kansas City Southern to scrap CP deal after revised US$33.6-billion offer from CN

Kansas City Southern to scrap CP deal after revised US$33.6-billion offer from CN

Kansas City Southern Inc. says it is terminating its merger agreement with CP Rail after determining that rival Canadian National Railway's revised US$33.6-billion offer was superior.
Power Corp. Q1 profit nearly triples to $556 million on lift from insurance business

Power Corp. Q1 profit nearly triples to $556 million on lift from insurance business

MONTREAL — Power Corp. says its first-quarter profit nearly tripled from the prior year as it realized big gains from its life insurance business.
Aurora Cannabis reports $164.7 million loss in Q3, launches cost efficiencies plan

Aurora Cannabis reports $164.7 million loss in Q3, launches cost efficiencies plan

Aurora Cannabis Inc. is on the hunt for savings again after reporting a $164.7-million net loss in its latest quarter.

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (19,135.81, up 28.04 points.) Enbridge Inc. (TSX:ENB). Energy. Down $1.60, or 3.31 per cent, to $46.70 on 20.5 million shares.
ESPN, MLB agree to 7-year rights extension through 2028

ESPN, MLB agree to 7-year rights extension through 2028

ESPN could be rewarded with additional playoff games under its new deal with Major League Baseball. Walt Disney Company and MLB announced a seven-year extension of their rights agreement Thursday.
North American stock markets rebound from three-day losses; loonie falls

North American stock markets rebound from three-day losses; loonie falls

TORONTO — North American stock markets rebounded from a three-day slide in a relief rally after an erratic start to the week on mounting concerns about inflation.
Demand for bikes and barbecues ratchets up Canadian Tire's profit and sales

Demand for bikes and barbecues ratchets up Canadian Tire's profit and sales

TORONTO — Spring's early arrival sent demand for everything from patio furniture and inflatable pools to barbecues and bikes soaring at Canadian Tire Corp. Ltd., which reported higher-than-expected sales growth in its first quarter.

Leon's Furniture reports Q1 profit up from year ago, CEO to retire July 1

TORONTO — Leon's Furniture Ltd. reported a first-quarter profit of $40.9 million, up from a profit of $13.7 million a year ago, as its revenue climbed higher.
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